Study: Qatar to witness 66% employment growth rate in 2015
A new study by Gulf Talent showed that the overall employment across the GCC is set to increase in 2015 despite the drop in oil prices. The employment growth rate in Qatar is forecasted to be 66%, the highest in the region.
According to the study titled “Employment and Salary Trends in the Gulf”, healthcare is the fastest growing sector across the region, with 79% of employers in the sector planning to increase their employee base. Meanwhile, the oil and gas sector has witnessed lay-offs in Oman and Bahrain due to the oil price fall, but otherwise remains normal in other countries of the region.
In terms of salary rise in private sector, Qatar is expected to see the highest average pay increase at 8.3%, followed by Oman with 7.2%. It has been forecasted that the construction sector will witness the highest average salary increase at 10% as compared to other sectors.
Read the full report here.
[Graph Courtesy: Gulf Talent]